PAR Technology Corporation (PAR) financial statements (2021 and earlier)
Company profile
| Business Address |
PAR TECHNOLOGY PARK NEW HARTFORD, NY 13413 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3578 - Calculating and Accounting Machines, Except Electronic Computers (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 181 | 56 | 59 | 60 | 28 | 47 | 59 | ||
| Cash and cash equivalents | 181 | 56 | 59 | 60 | 28 | 47 | 59 | ||
| Receivables | 43 | 40 | 38 | 43 | 42 | 29 | 26 | ||
| Inventory, net of allowances, customer advances and progress billings | 22 | 27 | 26 | 23 | 19 | 19 | 20 | ||
| Inventory | 22 | 27 | 26 | 23 | 19 | 19 | 20 | ||
| Other current assets | 4 | 3 | 4 | 7 | 4 | 5 | 7 | ||
| Other undisclosed current assets | 3 | 2 | |||||||
| Total current assets: | 249 | 126 | 127 | 133 | 94 | 103 | 114 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3 | ||||||||
| Property, plant and equipment | 14 | 14 | 14 | 14 | 14 | 15 | 14 | ||
| Intangible assets, net (including goodwill) | 74 | 75 | 76 | 74 | 74 | 27 | 20 | ||
| Goodwill | 41 | 41 | 41 | 41 | 41 | 13 | 11 | ||
| Intangible assets, net (excluding goodwill) | 33 | 34 | 34 | 33 | 33 | 14 | 9 | ||
| Other noncurrent assets | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| Other undisclosed noncurrent assets | 2 | 2 | 3 | 3 | 3 | 3 | |||
| Total noncurrent assets: | 95 | 95 | 96 | 96 | 96 | 49 | 41 | ||
| TOTAL ASSETS: | 344 | 222 | 223 | 229 | 190 | 153 | 155 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 29 | 29 | 26 | 26 | 27 | 19 | 18 | ||
| Accounts payable | 13 | 16 | 16 | 17 | 16 | 9 | 10 | ||
| Accrued liabilities | 3 | 3 | 3 | 3 | 3 | 3 | 2 | ||
| Employee-related liabilities | 13 | 10 | 8 | 6 | 8 | 7 | 6 | ||
| Deferred revenue | 10 | 11 | 10 | 10 | 12 | ||||
| Debt | 1 | 1 | 1 | 1 | 1 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 11 | ✕ | ||
| Other undisclosed current liabilities | 1 | 1 | 1 | 2 | 2 | 2 | 12 | ||
| Total current liabilities: | 40 | 42 | 37 | 38 | 42 | 32 | 30 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 107 | 105 | 104 | 102 | 62 | 60 | 59 | ||
| Long-term debt, excluding current maturities | 106 | 105 | 104 | 102 | 62 | 60 | 59 | ||
| Operating lease, liability | 1 | ||||||||
| Liabilities, other than long-term debt | 8 | 7 | 12 | 12 | 11 | 8 | 8 | ||
| Deferred revenue | 3 | 2 | 4 | 5 | 4 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 4 | 4 | ||
| Other liabilities | 5 | 6 | 8 | 7 | 7 | 4 | 3 | ||
| Other undisclosed noncurrent liabilities | 1 | 1 | 1 | 1 | 2 | 2 | |||
| Total noncurrent liabilities: | 115 | 114 | 117 | 114 | 75 | 70 | 69 | ||
| Total liabilities: | 155 | 155 | 154 | 153 | 117 | 102 | 99 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 188 | 67 | 69 | 76 | 73 | 51 | 56 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (5) | (5) | (4) | (4) | (6) | (6) | (6) | ||
| Additional paid in capital | 244 | 110 | 108 | 107 | 94 | 65 | 64 | ||
| Accumulated other comprehensive loss | (4) | (5) | (5) | (5) | (5) | (4) | (4) | ||
| Retained earnings (accumulated deficit) | (47) | (34) | (30) | (21) | (10) | (4) | 2 | ||
| Total stockholders' equity: | 188 | 67 | 69 | 76 | 73 | 51 | 56 | ||
| TOTAL LIABILITIES AND EQUITY: | 344 | 222 | 223 | 229 | 190 | 153 | 155 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 59 | 55 | 46 | 55 | 53 | 45 | 44 | |
| Cost of revenue (Cost of Goods and Services Sold) | (51) | (43) | (37) | (44) | (42) | (36) | (36) | |
| Gross profit: | 8 | 12 | 9 | 11 | 11 | 9 | 9 | |
| Operating expenses | (19) | (13) | (15) | (17) | (14) | (13) | (12) | |
| Operating loss: | (12) | (1) | (6) | (5) | (4) | (4) | (3) | |
| Nonoperating income (expense) | 2 | (0) | (0) | (1) | (0) | (0) | (0) | |
| Other nonoperating expense | (0) | (0) | (1) | (0) | (0) | |||
| Interest and debt expense | (8) | (1) | (1) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (10) | (1) | (6) | (14) | (5) | (5) | (4) | |
| Other undisclosed loss from continuing operations before income taxes | (2) | (2) | (2) | (2) | (1) | (1) | (1) | |
| Loss from continuing operations before income taxes: | (12) | (4) | (8) | (16) | (5) | (6) | (5) | |
| Income tax expense (benefit) | (1) | 0 | (1) | 5 | (0) | 0 | 4 | |
| Net loss available to common stockholders, diluted: | (13) | (4) | (9) | (11) | (6) | (6) | (1) | |
Comprehensive Income ($ in millions)
| 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (13) | (4) | (9) | (11) | (6) | (6) | (1) | |
| Comprehensive loss: | (13) | (4) | (9) | (11) | (6) | (6) | (1) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (0) | 0 | 0 | (1) | (0) | 0 | |
| Comprehensive loss, net of tax, attributable to parent: | (12) | (4) | (9) | (11) | (7) | (6) | (1) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.